We are pleased to confirm that eligible UBC staff will be receiving the Provincial Government’s recently announced Economic Stability Dividend of 0.45% in 2016.

The Government has requested that we provide a letter to you about the dividend. The letter from BC Premier Christie Clark and Minister of Finance Mike de Jong is attached.

In addition, it is fundamentally important that we take this opportunity to thank you for your ongoing and important contributions to UBC. We believe that the efforts of staff are critical to UBC’s success. This dividend recognizes these meaningful efforts that contribute to UBC’s excellence and contribution to the Province’s success. We are appreciative that it will be paid to UBC staff in 2016.

Eligible UBC staff members will receive the dividend as a 0.45% increase in salary, with the following effective dates for each employee group: